-LRB- CNN -RRB- -- Oprah Winfrey has regained the top spot on Forbes magazine 's annual most powerful celebrities list .

The TV personality has been a runner-up for the past two years , but on Wednesday it was revealed that Oprah has regained her crown .

It is the fifth time the 59-year-old star has topped the prestigious list of 100 celebrities , beating out stiff competition from the likes of chart superstars Lady Gaga , BeyoncÃ © and Madonna .

Jennifer Lopez - who was No. 1 last year - dropped to 12th place in this year 's rankings .

Oprah made an estimated $ 77 million between June 2012 and June 2013 , down from last year 's $ 165 million . However , despite not being the highest earner on Forbes magazine 's list , `` her money , mixed with strong fame scores in metrics like press mentions and social networking power , pushed her to the top , '' said Forbes writer Dorothy Pomerantz .

`` She still wields an enormous amount of power , which is really what we look for in our fame matrix . She is taking this cable network and turning it around just through the sheer force of her will , her connections and her ability , '' Pomerantz continued .

Lady Gaga ranked second on the list , despite having to cut her tour short because of a hip injury .

The eccentric star 's social media success and press influence pushed her up the list , aside from her $ 80 million earnings .

Esteemed Hollywood director Steven Spielberg came in third , while BeyoncÃ © and Madonna claimed the fourth and fifth spots , respectively .

Taylor Swift came in sixth place , Bon Jovi was named in seventh position , while Roger Federer and Justin Bieber came in eighth and ninth places .

Ellen DeGeneres was also named in the top ten , coming in just behind Bieber .

The Celebrity 100 is based on income over a 12-month period and fame . This element is defined by media influence and social media power , including Twitter and Instagram .

Oprah is one of three celebrities who have been featured on the list every year since 1999 . Howard Stern and Steven Spielberg also hold this honor .

See the original story at CoverMG.com .

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Oprah Winfrey is back at No. 1 on Forbes ' list of the 100 most powerful celebrities

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The media mogul had slipped to No. 2 for the past two years

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She 's not the highest earner on the list , but fame scores and social networking helped

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Lady Gaga came in at No. 2 , while Steven Spielberg was No. 3 on the list